Location
Watton is a small village, conveniently situated between the market towns of Driffield and Beverley and only a few miles from the excellent range of amenities provided by the neighbouring village of Hutton Cranswick.
Accommodation
Entrance Hall
With a radiator, coving to the ceiling, thermostat for the central heating, airing cupboard and storage cupboard.
Living Room
With a double radiator, TV aerial point, coving to the ceiling, electric fire in a stone fireplace, and two wall light points.
Kitchen
With a range of pine kitchen units including a one and a half bowl inset sink with mixer tap, base, wall, drawer and glazed display units, single radiator, built in oven and four ring hob with extractor canopy over.
Side Porch
With uPVC doors to the front and rear, door to the garage and to:
WC
With low-level WC and corner wash hand basin.
Bedroom One
With a single radiator, coving to the ceiling and fitted wardrobes.
Bedroom Two/Dining Room
With a single radiator, coving to the ceiling and French door to the garden.
Shower Room
The bathroom has a corner shower cubicle fitted with an electric shower, a low-level WC, and a pedestal wash hand basin. It also has a single radiator and part-tiled walls.
Single Garage
With up and over door, power and light connected and oil fired central heating boiler.
Double Garage
Approach from a second access drive and fitted with an up and over door, and a side personal door.
Gardens
To the front is a walled forecourt garden and two access drives. To the rear is a large mature garden that includes, a paved patio, extensive lawns, flower and shrub borders, a greenhouse and various fruit trees.
Tenure
Freehold with vacant possession upon completion
Viewing
Strictly by appointment through the sole agents 01377 241919.
Services
Mains water, electricity and drainage are connected to the property.
Council Tax
Council Tax is payable to the East Riding of Yorkshire Council. The property is currently shown as listed in Council Tax Band ‘C’.
Tenure : Freehold
Council Tax Band : C
Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.
The refurbishment budget is set to 2.50% of the purchase price, but this will vary dependent on the suitability of the property for the rental market. Select a value that you feel is appropriate to the condition of the property.
This will vary between lenders, type of report and whether or not you are buying with a mortgage, for advice on which type of survey would be appropriate speak with an advisor from Preston Baker Financial Services.
Lenders will often charge a fees for the arrangement of a mortgage, for advice on what lenders may charge, speak with an advisor from Preston Baker Financial Services. Your home may be repossessed if you do not keep up repayments on your mortgage.
This is the sum of mortgage admin, land registry, search, bank transfer and any other fees incurred.
Purchase costs include assumed mortgage and survey costs which are estimated. For a quote contact a Preston Baker Financial Services mortgage advisor who can provide you with current and accurate information. The stamp duty calculation has applid the 3% stamp duty surcharge on the basis that this will be a second property.
This is the percentage of the rent that you will spend maintaining the property.
Ground Rent only applies to leasehold properties. This is an assumed ground rent, the confirmed figure can be found in the Property Information Questionnaire.
Service charge only applies to leasehold properties. The correct figure can found in the Property Information Questionnaire answered by the seller.
This is a standard, indicative figure only. Properties that have a service charge often have this included withing that charge. Please consult the Property Information Questionnaire for more information.
This is the assumed rate of house price inflation.
This is the property value at the end of the investment based on an assumed rate of % house price inflation.
| Tax Band | % | Taxable Sum | Tax |
| less than £250k | 0 | ||
| £250k to £925k | 5 | ||
| £925k to £1.5m | 10 | ||
| rest over £1.5m | 12 |
| Tax Band | % | Taxable Sum | Tax |
| less than £250k | 3 | ||
| £250k to £925k | 8 | ||
| £925k to £1.5m | 13 | ||
| rest over £1.5m | 15 |
| Tax Band | % | Taxable Sum | Tax |
| less than £425k | 0(5)** | ||
| £425k to £625k | 5 | ||
| £625k to £925k | 5 | ||
| £925k to £1.5m | 10 | ||
| rest over £1.5m | 12 |
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